Physical Therapist Salary After Tax in Iowa (2026)

Median wage: $87,430/year → Take-home: $66,186/year ($5,515/mo)

Full Tax Breakdown — $87,430 in Iowa

Annual Take-Home$66,186After all taxes

Monthly$5,515Net per month

Bi-Weekly$2,546Every 2 weeks

Effective Tax Rate24.3%Fed + state + FICA

Where Your Money Goes

Federal Tax Brackets

10%

$1,240

12%

$4,560

22%

$4,605

Affordability Snapshot

Based on your $5,515/mo take-home — 50/30/20 rule

Needs (50%)$2,758/mo

Rent, groceries, utilities, transport

Wants (30%)$1,655/mo

Dining, entertainment, hobbies

Savings (20%)$1,103/mo

401k, emergency fund, investments

🏠

Recommended Max Rent

$1,655/mo

30% of monthly take-home — the commonly recommended housing cost ceiling.

Annual Savings Potential

$13,237

Daily Take-Home

$255

Paycheck Breakdown

All figures in USD

Item	Annual	Monthly	Bi-Weekly	Weekly	Daily	Hourly
Gross Pay	$87,430	$7,286	$3,363	$1,681	$336	$42
Federal Income Tax	−$10,405	−$867	−$400	−$200	−$40	−$5
State Income Tax	−$4,151	−$346	−$160	−$80	−$16	−$2
Social Security	−$5,421	−$452	−$208	−$104	−$21	−$3
Medicare	−$1,268	−$106	−$49	−$24	−$5	−$1
Total Taxes	−$21,244	−$1,770	−$817	−$409	−$82	−$10
Take-Home Pay	$66,186	$5,515	$2,546	$1,273	$255	$32

Federal Rate

11.9%

State Rate

4.7%

Total Rate

24.3%

State-by-State Comparison

Same $87,430 salary across popular states

State	Take-Home	Total Tax	Eff. Rate
TXTexasNo Tax	$70,337	$17,093	19.6%
FLFloridaNo Tax	$70,337	$17,093	19.6%
WAWashingtonNo Tax	$70,337	$17,093	19.6%
NVNevadaNo Tax	$70,337	$17,093	19.6%
OHOhio	$68,706 -$1,631	$18,724 -$1,631/yr	21.4%
PAPennsylvania	$67,653 -$2,684	$19,777 -$2,684/yr	22.6%
IAIowaYou	$66,186 -$4,151	$21,244 -$4,151/yr	24.3%
NYNew York	$66,133 -$4,204	$21,297 -$4,204/yr	24.4%
ILIllinois	$66,129 -$4,208	$21,301 -$4,208/yr	24.4%
CACalifornia	$66,050 -$4,287	$21,380 -$4,287/yr	24.5%

Ways to Increase Your Take-Home

📈

A $5,000 401(k) contribution saves $1,768/yr in taxes

Pre-tax 401(k) contributions reduce your federal and state taxable income. Contributing an additional $5,000 would increase your monthly take-home by $417 while building retirement savings.

💍

Married filing jointly saves $5,105/yr

If you're married, filing jointly gives you a $32,200 standard deduction (vs $16,100 single) and wider tax brackets. This would add $425/month to your take-home.

🗺️

Moving to a no-tax state could net $4,151 more per year

States like Texas and Florida have no state income tax. At your salary, moving to Texas would mean $4,151/year more take-home — $346/month — with no change to your gross salary.

Compare states →

Results for $87,430 salary · 2026 tax year

At a Glance

Annual Gross

$87,430

Annual Take-Home

$66,186

Monthly

$5,515

Bi-Weekly

$2,546

Weekly

$1,273

Hourly

$31.81

Federal Income Tax

$10,405

11.9% of gross

State Income Tax

$4,151

4.7% of gross

FICA (SS + Medicare)

$6,688

7.7% of gross

What does a Physical Therapist earn after taxes in Iowa?

The median annual wage for a physical therapist in Iowa is $87,430 according to BLS data. After federal income tax, FICA, and Iowa state income tax, the estimated take-home is $66,186/year or $5,515/month.

The effective total tax rate is 24.3%. Compared to the national median ($99,710), Iowa pays below average ($12,280 less/yr).